1. User Guide
  2. Exploring Oracle Insurance Accounting Analyzer Application
  3. General Measurement Model (GMM)
  4. Reinsurance Contracts Held
  5. Risk Adjustment for Non-financial Risk

Risk Adjustment for Non-financial Risk

The requirements in IFRS 17 for risk adjustment for non-financial risk are modified for reinsurance contracts held. For reinsurance contracts held, the risk adjustment for non-financial risk represents the amount of risk being transferred by the holder of the group of reinsurance contracts to the reinsurer.